5 Lots in Lakefront Estates in Rhea County on Watts Bar Lake REAL ESTATE IS LOCATED IN THE LAKEFRONT ESTATES (LOTS 61, 62, 64, 66, 67) 100 Waterfront Way Spring City TN 37381 Property will be sold As-Is Where-Is; without guarantee or warranty expressed or implied. Lot size and measuements are per tax records. EK Auctioneers does not guarantee accuracy of lot size. Sale of property is not contingent on or subject to apprasial, survey, home inspection, financing, suitability, or functionality. Preview is strongly recommended. Highest bid plus 12% buyers premium will be the total sales price. A $3,000 NON-REFUNDABLE DOWN PAYMENT WILL BE REQUIRED IMMEDIATELY FOLLOWING THE CLOSE OF THE AUCTION BY WINNING BIDDER. BALANCE WILL BE DUE AT PROPERTY CLOSING, ON OR BEFORE JULY 1, 2019. ONLINE BIDDING WILL BEGIN MAY 20 @ 7PM AND BIDDING BEGINS CLOSING THURSDAY MAY 30, 2019 @7PM. BIDDER CONTRACT: In order to bid at this auction you must meet registration requirements. By registering and obtaining a bidder's number you are demonstrating that you fully understand, accept and agree to all conditions and terms set forth for this auction, whether in writing or implied verbally. EK AUCTIONEERS, LLC will email a bidder certification that must be sign and returned to EK Auctioneers. You will not be allowed to bid until this letter is received by EK Auctioneers. DO NOT WAIT TO REGISTER . ALLOW TIME FOR EK AUCTIONEERS TO CONTACT AND APPROVE. Broker participation: If winning bidder is represented by a Lic real estates broke and has filled out and returned our Broker Participation Agreement will be paid 2% of winning bid. Broker must request form fill out and return 24hrs before auction closes When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. EK AUCTIONEERS,LLC will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold EK AUCTIONEERS,LLC and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. EK AUCTIONEERS,LLC retain the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. WARRANTY: All information contained herein is true and correct to the best of auction company's knowledge, but it is in no way guaranteed as to the accuracy of description made. Real estate is sold 'as is where is' without warranty. Bidder/Buyer has opportunity during inspection days prior to auction to inspect or have inspected by third party all real estate contained in this auction. EK AUCTIONEERS,LLC. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Reserves, if any, ARE NOT disclosed unless advertised as 'ABSOLUTE.' Auctioneers at their discretion may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. While the information we provide on property is deemed correct, no warranties are expressed or implied as to any items being sold and you agree to purchase and accept the property in an as-is condition. Information on real estate is obtained by us from the sellers and you hereby agree to hold harmless EK AUCTIONEERS, LLC and their Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. ALL ITEMS ARE SOLD AS-IS WHERE-IS unless specific factory or seller issued warranties are listed in the item description. You acknowledge that you have the right and responsibility to inspect the real estate personally, or to have a third party representative inspect for you. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not. Auction Close. Upon your winning highest bid of the real estate, it shall immediately become your responsibility and be at your risk (whether you have paid for it or not). You agree that EK AUCTIONEERS,LLC . its employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. All information contained in descriptions in catalog and Internet are made with auction company's knowledge and information, but are not guaranteed. Bidder/Buyer assumes all responsibility to due diligence. Sale of property is not contingent upon home inspection, financing, suitability, functionality. Preview is strongly recommended. No sale shall be invalidated by inaccuracies, defects, damaged goods, or incorrect descriptions. BY SIGNING INTO THIS AUCTION YOU AGREE TO ALL TERMS & CONDITIONS OF THIS AUCTION.